Dubai: With Nakheel, a top real estate developer in Dubai, investors have the chance to own prime waterfront properties in Europe, along Montenegro’s Adriatic coast.
Porto Montenegro is being built by the Investment Corporation of Dubai (ICD), the holding company for many of Dubai’s prized enterprises, including Emirates Airlines. It starts at Dh953,000.
Investing opportunities currently exist in three neighborhoods within the Porto Montenegro master plan.
This will be Montenegro’s first coastal development to offer citizenship to investors. It will be completed by the fourth quarter of 2023. There are 213 managed and private residences in the community, as well as a 240-room luxury hotel, shopping, and entertainment amenities, and an M-Residence management program for private residents who are not participating in the hotel rental program.
Montenegro’s Boka Bay is home to this project, recently crowned as the ‘World’s Best Superyacht Marina’.